Question 27 (2.94 points) Assume the bid rate of a Singapore dollar is $0.748 while the ask rate is $0.750 at Bank of Commerce. Assume the bid rate of a Singapore dollar is $0.752 while the ask rate is $0.753 at Bank of TAMU. Given this information, what would be your gain if you use $1,000,000 and execute locational arbitrage? That is, how much will you end up with over and above the $1,000,000 you started with? $5,347.59. $2,666.67 $4,000.00. $2,000.00